2 FRISØRER AS: årsregnskap 2011 vs 2010
Grew 18% on revenue, weaker earnings
approved 2012-05-25; registry 2012-07-12; journal 2012 526604
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 2 FRISØRER AS. Revenue 1.41m NOK → 1.67m NOK (+18.4%). Net result +197.4k NOK → 0 NOK. Equity 199.6k NOK → 263.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2 FRISØRER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.41m NOK to 1.67m NOK (+18.4% YoY). Calculated
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↑
Equity strengthened
Book equity 199.6k NOK → 263.6k NOK (equity ratio 41.2% → 43.6%). Calculated
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↑
Cash rose
Bank deposits 383.3k NOK → 489.3k NOK (+27.6% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +197.4k NOK → 0 NOK (net margin 14.0% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 760.4k NOK → 1.09m NOK (54% → 65% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 202.3k NOK → 228.7k NOK (+13.1% YoY). Calculated